Cognizant's revenue up 23.5 percent

Reuters News
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Posted: Nov 04, 2015 6:08 AM

(Reuters) - IT services provider Cognizant Technology Solutions Corp <CTSH.O> reported a 23.5 percent rise in quarterly revenue, helped by strong growth in its businesses that serve the healthcare and financial sectors in North America.

Net income rose to $397.2 million, or 65 cents per share, in the third quarter ended Sept. 30, from $355.6 million, or 58 cents per share, a year earlier.

The company's revenue rose to $3.19 billion from $2.58 billion.

(Reporting by Abhirup Roy in Bengaluru; Editing by Savio D'Souza)